Trade and Investment in South Asia

Choudhury, Rahul Nath; Nayak, Dinkar

doi:10.1142/11450

Cited by 8 publications

(5 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The article finds the size of the Indian market has played a determining role in attracting foreign investment in India. Like this study, many other scholars have also stressed the importance of the size of the market Banga (2006) Kumar and Aggarwal, (2005),Choudhury and Nayak (2019)…”

mentioning

confidence: 73%

“…In 1991, India adopted its most liberal economic approach announcing the New Economic Policy. A series of measures were progressively initiated to improve productivity, quality and to reduce the cost of production (Choudhury & Nayak, 2019). An important reform was the abolition of the restriction imposed on foreign industries by FERA.…”

Section: Indian Manufacturing Policiesmentioning

confidence: 99%

See 1 more Smart Citation

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

Choudhury¹

2020

Journal of Public Affairs

View full text Add to dashboard Cite

To boost the manufacturing sector, India announced a highly ambitious scheme Make in India in 2014. The scheme aims to transform India into a global design and manufacturing hub by fostering innovation, facilitate investment and build best in class manufacturing infrastructure. The scheme envisioned to increase the share of the manufacturing sector to the GDP to 25% and create 100 million new jobs by 2025. Another prime objective of the plan was to attract foreign direct investment in the Indian manufacturing sector. The government identified 25 industries in the manufacturing sector. Several steps were undertaken to publicise the campaign both domestically and internationally. The government allocated around Rs. 1821.5 Cr since the launch of the scheme. But, after the six years of its launch, the scheme has made little impact on the economy. The scheme could neither increase the share of the manufacturing sector in GDP nor could attract any significant volume of FDI in the manufacturing sector. In this backdrop, this study attempts to assess the performance of the scheme. The paper also attempts to investigate the factors that hindered its success.

show abstract

mentioning

confidence: 73%

Section: Indian Manufacturing Policiesmentioning

confidence: 99%

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

Choudhury¹

2020

Journal of Public Affairs

View full text Add to dashboard Cite

show abstract

“…Among all other trading partners, China is one of Bangladesh's trusted and crucial trading partners. China, the second largest investor in Bangladesh, has invested in sectors like textiles, power generation, and construction under the Belt and Road Initiative (Choudhury, 2023). According to Jasmin et al (2023), Bangladesh should pay appropriate diplomacy and well-timed strategies to exploit the benefits of bilateral trade relations with China because the country's economy and infrastructure can be developed by utilizing China's soft power in the regional and global platforms.…”

Section: Literature Reviewmentioning

confidence: 99%

China’s Duty-Free Trade Policy to Bangladeshi Products: A Potential Trade and Economic Effects Analysis Using Partial and Computable General Equilibrium Model

Islam,

Fatema,

Akter

2024

Sage Open

View full text Add to dashboard Cite

China is one of the critical and strategic trading partners of Bangladesh. The Chinese government has declared a zero-tariff facility for 97% of products imported from Bangladesh. The objective of the study is to analyze the effects of the facilitating trade policy on the trade performance of different sectors of Bangladesh. The study applies partial equilibrium SMART simulations, which are accessible in WITS, and the general equilibrium CGE model with GTAP as the methodological tools to quantify the impact of China’s preferential trade policy on trade and the overall economy of Bangladesh. The results of partial equilibrium analysis show that the preferential trade policy substantially positively impacts Bangladesh’s exports to the Chinese market. The results also suggest that the change in total trade under China’s new preferential trade policy is around $58.99 million, with a trade creation of $ 52.16 million and a trade diversion effect of US$ 6.83 million. The CGE analysis results show that China’s new trade policy will have little impact on Bangladesh’s real GDP, and the effects of the policy on exports vary across different sectors. However, the overall effects suggest that Bangladesh will earn a net welfare gain due to China’s new duty-free trade policy in Bangladesh. The findings of the study provide crucial policy suggestions on whether China’s latest tariff facilities will substantially impact the trade and economy of Bangladesh as well as provide foundations for analyzing the effects of future bilateral trade agreements.

show abstract

“…Many believe China is an increasing threat to the free-market, globalised system. Professor Ian Bremmer argues that China is generating a form of state capitalism, in which the state controls the commanding heights of the economy in the form of state-owned, state-sponsored, or private yet state-loyal corporations and wealth funds (Bremmer, 2010;Choudhury & Nayak, 2019). According to various empirical studies, FDI in a particular country is affected by variables like market size, trade openness, exchange rate, institutional quality, political stability, business environment, policy variables, and so on (Faniband et al, 2022;Jadhav, 2012;Jadhav & Katti, 2012;Jadhav et al, 2020;Justin & Jadhav, 2020).…”

Section: Theoretical Framework and The Literature Reviewmentioning

confidence: 99%

Capturing the Growth of Chinese Investment in India

Choudhury¹

2023

The Indian Economic Journal

View full text Add to dashboard Cite

Chinese foreign direct investment inflows in India increased from just US $1 million in 2010 to the US $173 million in 2019, while the total private equity investment was US $3,423 million in the same period. Chinese companies emerged as majority shareholders in several Indian start-ups, particularly in the technology sector. In contrast to this economic development, there has been a constant clash among the borders, noticeably in the Dokhlam and Galwan valleys with a few other minor clashes in different areas. Both nations are experiencing a booming economic alliance and shrinking political and diplomatic relations at the same time. In this background, the current article attempts to explore the key factors influencing the Chinese to invest in India. This article also attempts to analyse the nature of Chinese investment and explain why many countries look at Chinese investment with suspicion. Applying the regression model, the study finds that various policy variables played a significant role in attracting Chinese investors to India. JEL Classification: P33, F10, F50

show abstract

Trade and Investment in South Asia

Cited by 8 publications

References 0 publications

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

China’s Duty-Free Trade Policy to Bangladeshi Products: A Potential Trade and Economic Effects Analysis Using Partial and Computable General Equilibrium Model

Capturing the Growth of Chinese Investment in India

Contact Info

Product

Resources

About